Stocks and Finance

Legg Mason

Legg Mason 5/16/2012

11:12 : Legg Mason shares jump on $1.25 bln refi, buyback - SAN FRANCISCO (MarketWatch) -- Shares of Legg Mason Inc. jumped Wednesday after the asset manager said it planned to refinance $1.25 billion in debt. Shares rose 8.6% to $24.30 in recent activity. The firm also said it will wrap up its ...
Source : marketwatch-com

Legg Mason 4/23/2012

10:48 : Legg Mason drops sponsorship of D.C. tennis tournament - After 18 years, Legg Mason Inc. is out as the title sponsor of the ATP's annual summer tennis tournament in Washington, D.C. On Tuesday, the D.C. ATP stop plans to announce Citi as its new title sponsor for the next five years, replacing ...
Source : bizjournals-com

Legg Mason 4/12/2012

12:56 : Three Suggestions for Legg Mason - My favorite article from this week's Barron's is the turnaround-in-progress story on Legg Mason (LM) by Beverly Goodman. Goodman talks with Chip Mason, the now-retired founder as well as the current CEO Mark Fetting to find out what ...
Source : forbes-com

Legg Mason 4/8/2012

06:06 : Barron's cover story examines Legg Mason (LM), whose shares have shed ... - Barron's cover story examines Legg Mason (LM), whose shares have shed 80% since peaking in 2006. Bottom line: Legg is waiving $100M/year on money-market fund fees - interest rates need to rise at least a full point ...
Source : seekingalpha-com

Legg Mason 4/7/2012

03:45 : Can Legg Mason Bounce Back? - Legg Mason was built in boom times, and hit particularly hard in the bad times. So now what? Plus, a look at the company's five key asset-management groups: Legg Mason Capital Management, Western Asset Management, Royce ...
Source : barrons-com

Legg Mason 3/12/2012

08:51 : Legg Mason assets under management up in February - Legg Mason Inc.’s assets under management grew slightly in February, piggybacking an overall increase last month in the U.S. stock market. The Baltimore money manager reported assets of $638 million, up 1 percent from $631.3 million ...
Source : bizjournals-com

Legg Mason 11/17/2011

15:45 : Bill Miller to quit as Legg Mason fund manager - Legendary portfolio manager Bill Miller plans to give up management of the flagship stock fund at the Legg Mason Capital Management fund that made him famous.
Source : cnnmoney-com
11:50 : Citigroup analysts say Bill Miller's departure from Legg Mason (LM) is ... - Citigroup analysts say Bill Miller's departure from Legg Mason (LM) is a long time coming after keeping the faith for too long on lemons Fannie Mae and, more recently, Kodak. LM's ...
Source : seekingalpha-com
10:49 : Financial Stocks: Financials weak; Legg Mason’s Miller to step down - Shares of Legg Mason trade weaker in a mixed financial sector, as value-investing veteran Bill Miller will step down from running two of the Baltimore asset manager’s mutual funds next April.
Source : marketwatch-com
10:15 : End Of An Era: Bill Miller To Give Up Reins At Legg Mason Value Trust - Legendary money manager Bill Miller, whose Legg Mason Value Trust famously outperformed the broader market for more than a decade, is stepping down from managing his flagship mutual fund.
Source : forbes-com

Legg Mason 11/10/2011

16:38 : Legg Mason unloads the last of its Eastman Kodak (EK) stock, selling 19M ... - Legg Mason unloads the last of its Eastman Kodak (EK) stock, selling 19M shares over the past two months. This completes a painful 9 month process for fund manager Bill Miller of dumping stock he began accumulating ...
Source : seekingalpha-com

Legg Mason 10/26/2011

06:28 : Housing to lead US recovery: Legg Mason - THE next economic recovery in the United States is likely to be led by housing, which could in turn spark a bull stock market – meaning shares are now at their historic low valuations, said Legg Mason Capital Management...
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